kingworldnews.com / December 13, 2017
Below is an email from one of KWN’s global readers and what he had to say about the action in gold and bitcoin was quite interesting.
December 13 (King World News) – This email came from one of the global KWN readers (Kevin W.): “At exactly 1 pm CST when the FOMC announcement was made, CME February Gold Futures traded 5,818 contracts in 1 minute – of cash settled fiat paper gold worth about $725 million. This is about 18 tonnes of fiat gold, representing 0.6% of yearly real physical gold mined worldwide (see chart below).
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